Holding in Company

McInerney Holdings PLC
2 October 2001

McInerney Holdings Plc

02 October 2001


Re: Holding in Company





A Letter from Bank of Ireland Asset Management dated 26 September 2001 to
McInerney Holdings Plc, received by McInerney Holdings Plc 01 October 2001.



Notification of Transaction in Shares of Public Limited Companies

I refer to Chapter 2 of Part IV of the Companies Act 1990 which requires
disclosure, by a person who acquires an interest in 5% or more of the issued
Share Capital of a Public Limited Company, to that company of the holding.
Subsequent transactions which change the percentage holding by a whole number
must also be notified.

In this regard I am to notify you of the following holding(s):


No. of Shares Held      % of Issued Share Capital after transaction

3,129,487.00            9.86%





These Shares are held by Bank of Ireland Nominees Limited, as registered
owners only, on behalf of a range of clients who are each the beneficial owner
of a portion of the shareholding.



Justin Giblin

Compliance Unit

Bank of Ireland Asset Management